In fixed rate CMBS securitizations, the most senior AAA tranches (Class A-1) always have a short average

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In fixed rate CMBS securitizations, the most senior AAA tranches (Class A-1) always have a short average life - as little as three years - a period that is always less than even the shortest term loan in the collateral pool.How is that accomplished?

Posted Date: May 19, 2024 02:17 AM

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